What are reasonable CD rates from banks these days?

1 Answer

Answer :

The best CD rates will be on the long term CDs. The best offering by a bank for a 5 year CD is 3.41% by EverBank in Jacksonville, FL. Generally speaking, you should be able to get at least a 3% or better rate for a 5 year CD. According to the website interest.com, which allows you to compare local rates in your area to the top rates in the U.S., rates can vary significantly depending on the amount you wish to deposit. At current, the top national rates vary anywhere from .94% to 1.69% depending on location and amount deposited.

Related questions

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Last Answer : I can’t think of a reason. I have Ally for some “safe” CDs. I invest some in stock that gives dividends and they offer much higher rates but there is some risk. XOM Exxon Mobil 3.57% DIS Disney 1.43% KO Coca Cola 2.99% There are many blue chips that are similar..

Description : Where can I find the current cd interest rates for banks in florida?

Last Answer : Check out www.bankaholic.com/highest-cd-rate-in-Florida/

Description : Which online banks have the highest CD interest rates?

Last Answer : Which online banks have the highest CD interest rates? can help you find the best current rates.

Description : Do banks provide the highest CD interest rates now?

Last Answer : Banks are generally the only ones that provide CDs. If you mean WHICH bank provides high interest rates, check out Ally bank. Its CDs have an APY of 1.7%, one of the highest in the industry.

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Last Answer : Check the website bankrate.com. It will give you a list of local banks and the cd rates. You will be able to choose what is the best choice for you!

Description : When will jumbo loan rates be reasonable?

Last Answer : What are you asking? When will the now jumbo rates become lower and more reasonable? Or when will it be reasonable for rates to be jumbo? Also, please include more information re: your question in the appropriate field.

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Last Answer : No. I don’t think it was meant to. I think it was meant to be a confidence booster to stop the pendulum from swinging the wrong way.

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Last Answer : There are a lot of banks that offer good interest rates on debt consolidation loans. The best one to choose is Regions.

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Last Answer : Most savings accounts hold little to no interest rate currently. They are basically the same as a checking account. If you are looking for higher yield interest, consider purchasing a CD.

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Last Answer : You will find the best rates for savings with an online account. THe larger your deposit the better your rate will be,try Netbank.

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Description : What are local banks interest rates on CD's?

Last Answer : It just depends on what bank you're dealing with and where you're located. Since a particular city hasn't been specified I would suggest that you talk to someone online about interest rates or you can contact someone at a local bank.

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Last Answer : To find which banks offer the best investment banking rate you can visit this website: finance.mapsofworld.com. This website gives information on the top 10 investment banks. I hope this will help you.

Description : Which banks offer the lowest mortgage interest rates?

Last Answer : It depends on your situation. Some banks will be able to give you better rates than others who usually are higher and vice verse.

Description : Is there a website that tracks interest rates paid on online savings accounts offered by various banks?

Last Answer : Yes, Bankrate.com tracks interest rates on savings accounts offered by many different banks. The website also offers convenient searching features to help you find an appropriate financial product or account.

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Last Answer : 4

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Description : What are good CD rates? What bank should I go to?

Last Answer : You should be able to find a better rate than that. Some savings accounts are .9% now. As you shop for rates I would suggest not locking up the money for more than 2 years because it looks like the economy is starting to move, maybe rates will rise a little.

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Last Answer : Bank of America offers the highest CD rates in the industry.

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Description : Are the interest rates of a CD likely to go up in the next few months?

Last Answer : Yes, the interest rates will most likely go up due to the economy

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Last Answer : The absolute highest cd interest rates is about 10%

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